Virtus Diversified Income & Convertible Fund
ACV
32 hedge funds and large institutions have $32M invested in Virtus Diversified Income & Convertible Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
7% more funds holding
Funds holding: 30 → 32 (+2)
5% more capital invested
Capital invested by funds: $30.5M → $32M (+$1.53M)
0.11% more ownership
Funds ownership: 15.89% → 16% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$796K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$460K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$398K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$307K |
| 5 |
MP
McDonald Partners
Cleveland,
Ohio
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$890K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$856K |
| 3 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$399K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$173K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NHT
26
New Hampshire Trust
Concord,
New Hampshire
| $31.9K | – | – | – |
|
|
GWS
27
Glassman Wealth Services
Vienna,
Virginia
| $28.5K | – | – | – |
|
|
FIA
28
FNY Investment Advisers
New York
| $23K | +$4.15K | +200 | +20% |
|
|
AIP
29
Ahrens Investment Partners
Lafayette,
Louisiana
| $17.4K | +$18.7K | +900 | New |
|
|
SS
30
Sunbelt Securities
Houston,
Texas
| $12.6K | +$13.7K | +660 | New |
|
|
MA
31
Montag & Associates
Atlanta,
Georgia
| $4.46K | – | – | – |
|
|
TWA
32
TCI Wealth Advisors
Tucson,
Arizona
| $1.16K | – | – | – |
|
|
SA
33
SFI Advisors
Montclair,
New Jersey
| – | -$399K | -21,488 | Closed |
|
|
S
34
SignatureFD
Atlanta,
Georgia
| – | -$37.1K | -2,000 | Closed |
|
|
HNWAG
35
High Net Worth Advisory Group
Naples,
Florida
| – | -$20.9K | -1,126 | Closed |
|
36
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$14K | -753 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
ACV Hedge Fund Activity: Q1 2023 in Review
32 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q1 2023, worth a combined $32M — up 5% from $30.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ACV positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $796K. The largest seller was Guggenheim Capital, cutting an estimated $890K.
- 32 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q1 2023, up from 30 in Q4 2022.
- Funds reported $32M of Virtus Diversified Income & Convertible Fund stock for Q1 2023, up 5% quarter-over-quarter.
- 7 funds opened new Virtus Diversified Income & Convertible Fund positions in Q1 2023 and 5 closed out, a net change of +2 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q1 2023 was LPL Financial, an estimated $796K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q1 2023 was Guggenheim Capital, an estimated $890K sold.
Based on aggregated 13F filings for Q1 2023.